DeVry Reports Q4 EPS Beat, Revenue Light

By Teresa Rivas

DeVry (DV) was unchanged in after-hours trading following its fourth-quarter earnings report.

The for-profit educator said it earned 54 cents a share on revenue of $480 million.

Analysts were looking for earnings of 43 cents a share on revenue of $483 million.

Total enrollment at DeVry University was down 6%.

The stock fell during regular trading and is up 66% in the past year. For-profit educators saw their shares jump at the start of the month on speculation that Daniel Loeb’s Third Point had taken a stock in Apollo Group (APOL), the industry’s largest player. Peers Career Education (CECO) and American Public Education (APEI) also reported today; the former delivered a top- and bottom-line beat, while the latter beat on earnings but missed on revenue.

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